Chemicals & Commodities

Index-Based Pricing
for Chemicals

Automate commodity index pricing, formula-based calculations, and contract management with real-time market data integration.

Real-time indices
Formula pricing
Contract automation
Surcharge management

Commodity Pricing Challenges We Solve

Volatile markets demand sophisticated pricing. PriceJoule delivers the tools chemical and commodity companies need.

Index Volatility

Prices fluctuate with commodity indices requiring constant updates

Formula Complexity

Multiple pricing formulas with index, adders, and adjustments

Contract Management

Long-term contracts with quarterly index adjustments

Surcharge Tracking

Energy and fuel surcharges tied to market conditions

Built for Commodity Markets

Comprehensive index-based pricing capabilities for chemicals, petrochemicals, and commodity companies.

Price Index Feed
WTICrude Oil78.45$/bbl+2.3%NGNatural Gas2.89$/MMBtu-1.2%ETHEthylene1245$/MT+3.8%WTI 30-Day Trend85807570LIVE

Price Index Feed

Real-time commodity index integration from WTI, Brent, ICIS, and more

Formula Pricing
Pricing Formula:(Index × Volume) + Adder + FreightBase Index (WTI)$78.45× 1.2$94.14Volume Factor500 MT×$47,070Product Adder+$5.00/MT$2,500Freight+$8.50/MT$4,250Total Contract Value:$53,820

Formula Pricing

Cost-plus formulas with index multipliers, adders, and freight

Contract Management
Q1 2024Q2 2024Q3 2024Q4 2024$1,180Base$1,215+3%$1,245+2.5%TBDIndexContract TermsAnnual Volume: 2,000 MTIndex ClauseWTI ± 5% CapStatusActiveAuto-renew

Contract Management

Term contracts with automatic quarterly price adjustments

Spot vs Contract
$1400$1300$1200$1100$1000JanFebMarAprMayJunSpotContractSpot Avg:$1,256Contract:$1,200Savings4.5%Vol18%

Spot vs Contract

Compare spot market volatility against contract stability

Surcharge Management
Fuel SurchargeTrigger: Diesel > $3.50+4.2%Energy SurchargeTrigger: Nat Gas > $4.00+2.8%Carbon SurchargeTrigger: EU ETS > €80+1.5%Current IndicesDiesel$3.78Nat Gas$4.25EU ETS€72Base Price: $1,200+ Surcharges: 7%Final Price$1,284Auto-update

Surcharge Management

Automatic fuel, energy, and carbon surcharges based on indices

Regional Pricing
Americas$1,180WTI basedEMEA€1,050Brent basedAPAC¥145KDubai basedAuto Currency ConversionUSD/EUR: 0.92EUR/JPY: 158.5USD/JPY: 148.2

Regional Pricing

Geographic pricing with local indices and currency conversion

Results That Matter

Chemical and commodity companies using PriceJoule achieve measurable improvements.

85%
Faster Updates

Automated index-based price adjustments

40%
Less Manual Work

Eliminate spreadsheet-based pricing

99.9%
Index Accuracy

Real-time feeds from trusted sources

3x
Contract Velocity

Faster quote-to-contract cycles

Integrated Index Sources

Real-time feeds from leading commodity price reporting agencies.

ICIS

Chemical price indices

Platts

Energy & petrochemicals

Argus

Global commodities

Bloomberg

Financial indices

Ready to Automate Index Pricing?

Join chemical leaders who have achieved 85% faster price updates with real-time index integration.